S&P 500 1 day chart - Bearish
MA crossover on the bearish side
Lot of governmental factors in play at the moment regarding interest rates, hyperinflation control, monetary policies etc.
Large companies shifting from a growth/expansion model to profit conservation to weather the storm
I would expect interest rates to continue increasing, unemployment to increase, and some sizeable downtrends in some milestone companies
My assumption over the next 6 months:
Target 1 - 75% confidence
Target 2 - 25% confidence (STRONG support here)
Good luck!
Lot of governmental factors in play at the moment regarding interest rates, hyperinflation control, monetary policies etc.
Large companies shifting from a growth/expansion model to profit conservation to weather the storm
I would expect interest rates to continue increasing, unemployment to increase, and some sizeable downtrends in some milestone companies
My assumption over the next 6 months:
Target 1 - 75% confidence
Target 2 - 25% confidence (STRONG support here)
Good luck!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.